Gold prices fell last week as Treasury yields rose amid hawkish Fedspeak. With a FOMC blackout period among us, traders’ focus turns to economic data. US PMI data is front and center for gold and rate hike bets. Read More
A listless week punctuated by an opportunistic and desperate intervention by the Bank of Japan will transition into a heavier bout of trading conditions ahead. Technical boundaries will strain against heavy event risk including US 3Q GDP, the ECB and BOJ rate decisions, FAANG earnings and much more. Read More
The Australian Dollar has been chopped up of late as the global macro environment has created a high degree of uncertainty, but domestic CPI will be the focus in the week ahead. Read More
The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform. Read More
<p> The United Kingdom’s <a href=”https://www.financemagnates.com/terms/f/financial-conduct-authority-fca/” target=”_blank” id=”4c85a54d-15e0-4e44-a214-8c55f71cb286_1″ class=”terms__main-term”>Financial Conduct Authority (FCA</a>) has opened 432 regulatory cases regarding possible crypto scams or unregistered businesses, according to the regulator’s fourth Consumer Investments Data Review published this week. The document aggregates data from April 1, 2021, to March 31, 2022.</p><p class=”MsoNormal”>The FCA saw an increase in enquires about cryptocurrency scams (59%) during […]
The UK FTSE 100 has managed to hold onto gains despite political turmoil that continues to threaten the British Pound. Will next week’s earnings provide a fresh catalyst for the UK index? Read More
<p>Market <a href=”https://www.financemagnates.com/terms/v/volatility/” target=”_blank” id=”7fd330d9-8855-4c31-9770-cb52b328c117_1″ class=”terms__main-term”>volatility</a> amid the economic impact of the pandemic resulted in an influx of retail traders. However, now the tide has turned. On Friday, the French financial market supervisor, locally known as <a href=”https://www.financemagnates.com/institutional-forex/french-regulator-amf-toughens-criteria-for-authorizing-dasps/” target=”_blank”>Autorité des Marchés Financiers</a> (AMF), revealed around a 35 percent decline in the number of individuals making equity transactions in the third […]